17 Jane Street (Jennifer Lawrence via Wikipedia, 17 Jane exterior credit of Miskoff Equities/David Chipperfield Architects)
Academy Award-winning actress Jennifer Lawrence is well known for her numerous acting awards, but has more quietly amassed a small collection of New York real estate as well. She sold her Upper East Side penthouse over the summer and still owns an apartment at the star-studded 443 Greenwich Street. Most recently, she and husband Cooke Maroney made the first purchase at 17 Jane Street, a rare West Village condominium, for $21.9 million.
The couple purchased one of the project's duplex townhouse units, both of which measure over 5,000 square feet and feature private backyards and Great Rooms measuring 31 feet wide. The upper-level master bedroom features a walk-in closet nearly 18 feet deep, and all secondary bedrooms are upstairs for optimal privacy. Both levels are connected by an elevator and staircase.
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The purchase was reported by the New York Post, which notes that this unit was never listed, but was the first one to sell in the seven-unit project. The paper also reports that developer Edward Minskoff will be moving into the building’s upper-level duplex.
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Floor plan of one of 17 Jane Street's two townhouses
The West Village is rich in timeless townhouses and prewar cooperatives, but new condominiums are few and far between, largely (and thankfully) due to the Greenwich Village Historic District which prevents the demolition of contributing buildings without public review. Indeed, it took four tries for Minskoff Equities to win the hearts of the Landmarks Preservation Commission. David Chipperfield Architects, designer of The Bryant and the Rolex Building, was undaunted, revising the project to meet commissioners’ demands and drawing inspiration from 19th-century brownstones and pre-war residential buildings nearby. The building sports a red brick facade of precast panels, a precast cornice running the length of the building, and nine individual Juliet balconies on the second floor. Back in May 2020, a site visit saw construction just about complete. Sales have quietly been in motion behind the scenes.
The project rose on the former site of a two-story parking garage, and the new building features a resident-only garage accessed via car elevator. Additional amenities include a gym with sauna and separate on-site storage. It is well situated on a tree-lined street in the heart of the Greenwich Village Historic District, and close to Jackson Square, the entrance to the High Line, popular restaurants and high-end boutiques, and the 14th Street A/C/E and L trains.
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In addition to the duplex and townhouse units, the project features four oversized apartments and 12 parking places. An offering plan effective November 2019 lists a $96 million sellout. To that end, prices will range from $9.665 million for a three-bedroom apartment to $26.575 million for a five-bedroom townhouse (per Schedule A).
The neighborhood has truly come a long way from its time as a starving artists’ enclave: According to CityRealty data, the average price of a West Village condo is $2,780 per square foot. Current listings show a median condo price of $3.25 million. Nevertheless, this project has reportedly been "flooded with showings" following five months of pandemic lockout.
The neighborhood has truly come a long way from its time as a starving artists’ enclave: According to CityRealty data, the average price of a West Village condo is $2,780 per square foot. Current listings show a median condo price of $3.25 million. Nevertheless, this project has reportedly been "flooded with showings" following five months of pandemic lockout.
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While seemingly intimidating from above, the area around the building is among the most charming in Lower Manhattan with many small parks and countless restaurants (Google Earth aerial)
The location is convenient to both Midtown and the Financial District and pretty much every neighborhood in between
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